Biotech and Pharmaceuticals
Roche develops test kits to detect monkeypox virus
Test tubes labelled “Monkeypox virus positive and negative” are seen in this illustration taken May 23, 2022. Dado Ruvic | Reuters Roche on Wednesday said the company and its unit have developed three test kits to detect the monkeypox virus, as the disease spreads in regions outside Africa, where the virus is not normally found. […]
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Watch live: House grills FDA commissioner, Abbott executive on baby formula shortage
[The stream is slated to start at 11 a.m. ET. Please refresh the page if you do not see a player above at that time.] The head of the Food and Drug Administration and executives from the infant formula industry are set to answer questions from House lawmakers Wednesday about the nationwide shortage that has […]
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FTC launches investigation into infant formula makers over nationwide shortage
A woman shops for baby formula at Target in Annapolis, Maryland, on May 16, 2022, as a nationwide shortage of baby formula continues due to supply chain crunches tied to the coronavirus pandemic that have already strained the countrys formula stock, an issue that was further exacerbated by a major product recall in February. Jim […]
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CDC says monkeypox doesn’t spread easily by air: ‘This is not Covid’
The Centers for Disease Control and Prevention wants to calm public anxiety over how the monkeypox virus is transmitted, emphasizing that it doesn’t spread that easily through the air because it requires close contact with an infected person. Monkeypox is primarily spread through sustained physical contact such as skin-to-skin touch with someone who has an […]
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When the market was tanking, these stocks were hitting all-time highs and could go even higher
While market losses were racking up, this group of stocks was breaking out to all-time highs and looks set for even more gains. The group is Big Pharma. It’s been long viewed as stodgy by investors looking for quicker price gains. Recently, however, as other stocks slid, these companies have become more attractive because of […]
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CDC officials sound alarm for gay and bisexual men as monkeypox spreads in community
A section of skin tissue, harvested from a lesion on the skin of a monkey, that had been infected with monkeypox virus, is seen at 50X magnification on day four of rash development in 1968. CDC | Reuters The Centers for Disease Control and Prevention on Monday alerted gay and bisexual men that monkeypox appears […]
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Monkeypox outbreak is primarily spreading through sex, WHO officials say
An outbreak of the monkeypox virus in North America and Europe is primarily spreading through sex among men with about 200 confirmed and suspected cases across at least a dozen countries, World Health Organization officials said Monday. The outbreak has quickly advanced across Europe and North America over the last week and is expected to […]
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FDA panel sets June 15 meeting on Pfizer, Moderna Covid vaccines for infants and toddlers
Bridgette Melo, 5, prepares for her inoculation of one of two reduced 10 ug doses of the Pfizer BioNtech COVID-19 vaccine during a trial at Duke University in Durham, North Carolina September 28, 2021 in a still image from video. Shawn Rocco | Duke University | via Reuters The Food and Drug Administration’s expert committee […]
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Eli Lilly’s ‘game-changing’ diabetes drug could boost the stock, SVB Securities says
Eli Lilly ‘s new diabetes drug, which may also address obesity in patients, could lead to even more gains for the company’s stock, according to SVB Securities. Analyst David Risinger initiated coverage of Eli Lilly with an outperform rating, saying in a Sunday note that investors are failing to price in the potential of tirzepatide, […]
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Pfizer says third Covid vaccine shot for kids under 5 is 80% effective against omicron
A healthcare worker administers a Pfizer-BioNTech Covid-19 vaccine to a child at vaccination site in San Francisco, California, U.S., on Monday, Jan. 10, 2022. David Paul Morris | Bloomberg | Getty Images Pfizer and BioNTech’s three-dose Covid vaccine for children six months to 5-years-old was 80% effective at preventing illness during the omicron wave, according […]
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